120 2nd Avenue #5A, New York City, NY 10003
Listing Courtesy of Compass
$999,000
Potential Rebate: $14,985
Overview
Oversized East Village Coop – Convertible 3BR with Unlimited Subletting from Day One!
Nestled in the heart of the East Village, this generously sized 2-bedroom, 2-bathroom home offers the perfect combination of flexibility, space and location—with the added bonus of being easily convertible to a 3-bedroom. Whether you're looking to create a dedicated home office, nursery, or guest room, the oversized living space gives you the layout options rarely found in this price point.
Situated on the top floor of a well-kept, investor-friendly coop, the apartment is pin-drop quiet and shares no walls with neighboring units. From the moment you enter, you’re greeted with an expansive living/dining area, ideal for entertaining or simply spreading out. A flexible bonus space easily accommodates a third bedroom or private workspace without sacrificing the open feel.
The windowed kitchen features black marble countertops, stainless steel appliances, and a new in-unit washer/dryer. Both bedrooms easily fit king-sized beds and face east for fantastic natural light all day long. The two bathrooms (one en-suite) offer Kohler fixtures, Toto toilets and are windowed.
The building welcomes pets, allows co-purchasing, gifting, and parents buying for children, and is overseen by a full-time superintendent.
Location, Location, Location:
Two blocks from Tompkins Square Park and moments from Astor Place and NYU, this home is surrounded by some of downtown’s best dining and culture. Start your morning with coffee and pastries at La Cabra, brunch at Cafe Mogador, or a cozy catch-up at Cafe Maud. For evenings out, enjoy exceptional Japanese cuisine at Kimura, just around the corner.
You're also just minutes from the 6, R, W, L, and F trains, making city access effortless.
Whether you're seeking a smart investment, a flexible layout, or the vibrancy of downtown living, this East Village gem checks every box..
Home Features
- •Building Washer Dryer Install Allowed
- •In Unit
- •Crown Molding
- •Entrance Foyer
- •High Ceilings
- •Dryer
- •Dishwasher
- •Gas Oven
Estimated Monthly Payment
$7,777 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,985
Monthly savings impact
$42/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
70 East 10th Street #2P, New York City, NY 10003
Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
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25+ Years
Experience
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20053147
Price Analysis
Compare average listing prices and value metrics for 120 2nd Avenue against the surrounding East Village market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
52.28% Lower
than the East Village price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
East Village
Punk Rock & Pastrami
\nThe East Village is legendary. It has shed some of its grit for glam, but it remains a cultural incubator for music, art, and food.
\nReal Estate & Housing Market
\nWalk-up apartment buildings define the area. New developments are rare and controversial. It's a renter-heavy neighborhood.
\nLifestyle & Community
\nVibrant, young, and diverse. A mix of NYU students, old-school hipsters, and young professionals.
\nTransportation & Accessibility
\n6Train at Astor Place, L train at 1st/3rd Ave. Good bus service.
\nParks, Schools & Amenities
\nTompkins Square Park and the East River Park (nearby) provide green space.
\nWho This Neighborhood Is Best For
\nBest for those who want to be in the center of the action and don't mind a little noise.
